224, HOOK LANE, WELLING, DA16 2NZ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

224 HOOK LANE is a small extended semi-detached house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £534,992. It was last sold for £250,000 in February 2012, which was around 1% above the average February 2012 semi-detached price in the Bexley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

224 HOOK LANE Sold Prices

Land registry data shows two sales for 224 HOOK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. One of the two 224 HOOK LANE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 17 FEB	£250,000	£246,563	1% above HPI
1995 10 MAR	£59,950	£79,926	25% below HPI

224 HOOK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bexley local authority area over time, sourced from the HPI. The two 224 HOOK LANE sales from March 1995 and February 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 224 HOOK LANE be worth now?

224 HOOK LANE might now be worth an estimated £534,992.

This is based on house price inflation of 114%, between February 2012 and May 2026, for semi-detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 114% inflationary increase is applied to the most recent sale price for 224 HOOK LANE of £250,000 on 17th February 2012. For the value to have increased from £250,000 to £534,992 over the thirteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 224 HOOK LANE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The February 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 224 HOOK LANE has not materially changed since February 2012.

How Large is 224 HOOK LANE?

224 HOOK LANE is 111m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 224 HOOK LANE lies on this distribution: 26% of semi-detached houses houses are smaller than 224 HOOK LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in London.

224 HOOK LANE: Plot and Title Map

224 HOOK LANE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 224 HOOK LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 224 HOOK LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 224 HOOK LANE?

224 HOOK LANE is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 224 on HOOK LANE.